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Search results for: trade

CFA Society Bangladesh welcomes new CFA charterholders

CFA Society Bangladesh welcomes new CFA charterholders

FE Online Desk 2019-12-15 13:37:36

CFA Society Bangladesh, the local member society of the CFA Institute, the global association of investment professionals that sets the highest standards of ethics, education, and professional excelle...

Pathao, Surecash in talks to merge

Pathao, Surecash in talks to merge

FE Online Desk 2019-12-15 12:58:18

 Pathao, the market leader in ride-sharing, food-delivery and e-commerce logistics, and SureCash, the leading digital payments provider, are reported to be in advanced merger discussions to creat...

Boiler inspection at RMG units may start middle of next year

Boiler inspection at RMG units may start middle of next year

MONIRA MUNNI 2019-12-15 10:50:49

Boiler safety inspection in the country's readymade garment (RMG) factories would start in the middle of next year under the supervision of brands, trade unions and manufacturers, sources said. Earli...

Bapex readies procedure for exploring fossil fuel

Bapex readies procedure for exploring fossil fuel

M AZIZUR RAHMAN 2019-12-15 10:06:34

The state-run energy explorer has prepared an operating procedure from hydrocarbon exploration to production aiming to develop a new methodology for striking fossil fuel. The procedure details the re...

City Bank, American Express celebrate 10 years in BD

City Bank, American Express celebrate 10 years in BD

FE Online Report 2019-12-14 17:24:05

City Bank and American Express have celebrated 10 years of togetherness in Bangladesh. Officials of both companies unveiled new initiatives at the ten year celebration ceremony at Radisson Blu Dhaka...

3,210 buses registered in Jan-Nov

3,210 buses registered in Jan-Nov

FE Online Report 2019-12-14 17:11:24

3,210 buses were registered with Bangladesh Road Transport Authority (BRTA) in the first eleven months of current calendar year. Of them, 2,681 buses were registered in Dhaka during January to Novemb...

Chevron-funded ‘Uttoron’ begins phase-two

Chevron-funded ‘Uttoron’ begins phase-two

FE Online Desk 2019-12-14 13:20:38

“Uttoron- skills for better life”, funded by Chevron and by implemented by Swisscontact organized an event recently at Pan Pacific Sonargaon Hotel, Dhaka to launch the second phase of its...

Al-Arafah opens  178th branch at Kalaroa of Satkhira

Al-Arafah opens 178th branch at Kalaroa of Satkhira

FE Online Desk 2019-12-14 13:03:13

Al-Arafah Islami Bank Limited has opened 178th branch at Kalaroa of Satkhira recently. Director of the Bank Alhajj Md. Anowar Hossain inaugurated the new branch as the Chief Guest. Managing Director...

BRAC Bank announces strategic partnership with  Westin Dhaka

BRAC Bank announces strategic partnership with Westin Dhaka

FE Online Desk 2019-12-14 12:48:46

BRAC Bank Limited recently signed an agreement with The Westin Dhaka. With this agreement, BRAC Bank Signature, Platinum, Gold Credit cardholders and Platinum Debit Cardholders will enjoy complimenta...

EBL opens sub-branch at Chandra of Kaliakair

EBL opens sub-branch at Chandra of Kaliakair

FE Online Desk 2019-12-14 12:00:21

Eastern Bank Ltd (EBL) recently opened its third Sub-branch at Chandra of Kaliakair to provide regular banking facilities to customers. M Khorshed Anowar, Head of Retail and SME Banking inaugurated t...

Jhut export on the rise, recycled yarn producers feel the pinch

Jhut export on the rise, recycled yarn producers feel the pinch

ISMAIL HOSSAIN 2019-12-14 10:44:34

Increasing export of jhut or leftover scraps of fabric, a by-product of ready-made garment (RMG) sector has hit the local recycled yarn producers. Earlier, there was a big local market for recycled...

First phase of US-China trade deal announced

First phase of US-China trade deal announced

REUTERS 2019-12-14 10:38:28

The United States and China cooled their trade war on Friday, announcing a “Phase one” agreement that reduces some US tariffs in exchange for what US officials said would be a big jump in...

Govt mulls drilling untapped gas wells

Govt mulls drilling untapped gas wells

M AZIZUR RAHMAN 2019-12-14 10:29:51

Petrobangla contemplates developing untapped as well as disused small gas fields by potential international oil companies (IOCs) under the revenue-sharing contract (RSC), a new arrangement for doing t...

High-rise growth drives demand for large lifts

High-rise growth drives demand for large lifts

JASIM UDDIN HAROON 2019-12-14 10:14:09

The demand for large-sized lifts or elevators has seen a big jump in recent years in step with the growing number of high-rise buildings and greater industrial use in major cities. According to offic...

Living wage for RMG workers: Only 21 global brands, retailers strike deal

Living wage for RMG workers: Only 21 global brands, retailers strike deal

Monira Munni 2019-12-13 11:37:00

Twenty-one global brands and buyers have so far signed a collaborative deal that seeks to ensure living wage for garment, textile and footwear workers, including those in Bangladesh. The brands are A...

NBR extends deadline to get VAT software by big cos

NBR extends deadline to get VAT software by big cos

FE REPORT 2019-12-13 10:39:06

The revenue board has extended the deadline for obtaining specialised VAT software by the large companies until December 31, 2019. The last date for using the mandatory VAT software by the businesses...

Courier cos seek permission to transfer cash

Courier cos seek permission to transfer cash

REZAUL KARIM 2019-12-13 10:21:25

Like the digital money transaction platforms, the courier service providers have sought the permission from the government to transfer cash money from one place to another within the country, sources...

Aniduddha awarded medal by Belarus govt

Aniduddha awarded medal by Belarus govt

FE ONLINE REPORT 2019-12-12 20:12:10

Aniruddha Kumar Roy, managing director of RMM Group was awarded a jubilee medal by the Belarus government. Mr Aniruddha, also Honorary Consul of Republic of Belarus in Bangladesh for last four years,...

Minister urges Competition Commission to ensure fair price

Minister urges Competition Commission to ensure fair price

FE ONLINE REPORT 2019-12-12 18:33:48

Commerce Minister Tipu Munshi urged the Bangladesh Competition Commission to carry out its duty properly to ensure fair competition in the market so that people can buy products at the fair and stable...

WEWB, JBC ink deal to insure migrant workers

WEWB, JBC ink deal to insure migrant workers

FE REPORT 2019-12-12 12:42:32

Wage Earners' Welfare Board (WEWB) has signed an agreement with Jiban Bima Corporation (JBC) to implement the mandatory insurance coverage of the migrant Bangladeshi workers from December 19. WEWB di...

Bankers suggest tech use to cover the unbanked

Bankers suggest tech use to cover the unbanked

FE REPORT 2019-12-12 10:08:11

Senior bankers and policymakers have stressed the need for boosting financial inclusion using fintech to bring more unbanked people under the banking network for achieving sustainable development goal...

Unilever, BGMEA sign MoU to improve livelihoods of millions

Unilever, BGMEA sign MoU to improve livelihoods of millions

FE Online Desk 2019-12-11 14:29:16

Unilever Bangladesh Limited (UBL) and Bangladesh Garment Manufacturers and Exporters Association (BGMEA) recently signed a Memorandum of Understanding (MoU) to work together on certain SDGs with Ready...

FSIBL opens agent banking outlet at Kamolgonj

FSIBL opens agent banking outlet at Kamolgonj

FE Online Desk 2019-12-11 13:39:18

Agent Banking Outlet of First Security Islami Bank Ltd. started its operation on December 9 at Munshi Bazar, Kamolgonj, Moulvibazar. Mr. Syed Waseque Md Ali, Managing Director of the bank, inaugurate...

Facebook no longer among top 10 workplaces

Facebook no longer among top 10 workplaces

-- 2019-12-11 11:52:00

Facebook Inc dropped to the 23rd spot in Glassdoor’s list of ‘Best Places to Work’ in 2020 from the seventh it secured last year, amid heightened regulatory scrutiny of the world&rsq...

BD, Iran mull over direct, regular shipping link

BD, Iran mull over direct, regular shipping link

FE REPORT 2019-12-11 10:42:11

Iran has expressed its interest to open direct and regular sea connectivity with Bangladesh for increasing bilateral trade subject to economic feasibility, officials said. In response to the countr...

BTMA urges PM to stop duty-free benefit misuse

BTMA urges PM to stop duty-free benefit misuse

Monira Munni 2019-12-11 10:31:32

The country's textile millers have recently sought the Prime Minister's (PM) intervention to stop importing yarn, fabric and other materials through misuse and misdeclaration of duty-free benefit. Th...

DMTCL set to start work on another metro rail corridor

DMTCL set to start work on another metro rail corridor

Munima Sultana 2019-12-11 10:27:05

Dhaka Mass Transit Company Limited (DMTCL) is set to start preparatory work on the development of another metro rail corridor in the city with getting a concessional loan of US$ 33.26 million from Asi...

UK economy flat-lines, hit by  Brexit and global slowdown

UK economy flat-lines, hit by Brexit and global slowdown

-- 2019-12-10 22:34:29

Britain's economy grew at its slowest annual pace in nearly seven years in October, a weak backdrop to Thursday's national election, in which both leading parties are promising to boost growth, report...

WTO extends ban on tariffs for digital trade until June

WTO extends ban on tariffs for digital trade until June

Reuters 2019-12-10 17:50:07

The World Trade Organisation (WTO) members agreed on Tuesday to renew a 20-year moratorium on placing tariffs on digital trade for six months, allaying fears that people would have to pay duties on e-...

7,780 trucks registered in Jan-Nov

7,780 trucks registered in Jan-Nov

FE Online Report 2019-12-10 16:59:07

The number of truck registration in the country stood at 7,780 alone in January and November 2019, according to an official data. Of the total, 5,110 trucks were registered in Dhaka during the period...